A closely followed crypto strategist who has remained long-term bullish on Bitcoin despite its weak price action says that another BTC sell-off event is in sight.
Pseudonymous crypto analyst Credible tells his 329,600 Twitter followers that Bitcoin is likely gearing up for a fresh leg down after bulls failed to establish a higher-low setup.
“Lows at $34,000 almost taken, so eyes now on a flush into $29,000 – $32,000 along with filling that Bitfinex whale’s bids. Dude doesn’t miss. Not at my computer so no charts. This post is just so you guys don’t blow up my phone asking what now. Still not expecting lows at $28,000 to be taken. BTC.”
Credible is referring to a Bitfinex whale that he’s been tracking for over a